Que Viva Spanish Cinema!

Mexican filmmakers and the multiple Oscar-nominated Alfonso Cuaron, Guillermo del Toro and Alejandro Gonzalez Inarritu have just signed a deal with Universal Pictures worth a staggering $100 million.

The three amigos will produce five films for the studio – and direct one each – under their newly formed company, Cha Cha Cha.

Via perezhilton

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